1621 31st StBirminghamAL35208
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Birmingham at 1621 31st St, Birmingham, AL, 35208 listed at $100,000 pairs $1,432/mo rent with a $489/mo payment to leave $791/mo cash flow. Total monthly income runs $1,432/mo, and annual cash flow reaches $9,496/yr on $33,150 cash to close. Return on cash invested measures 48.55% in year one, and rental yield registers 17.18% at a $100,000 basis. Equity gained on principal adds $645/yr, and annual property appreciation at 5% supports $27,628 by year five. Five-year ROI tracks 256.84% and total cumulative return in cash totals $85,144. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,432/mo property income relative to a $489/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1935
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35208, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,803 (100%) |
| Owner Occupied HU | 2,766 (40.7%) |
| Renter Occupied HU | 2,770 (40.7%) |
| Vacant Housing Units | 1,267 (18.6%) |
| Median Home Value | $88,646 |
| Average Home Value | $199,797 |
Housing Distribution
Address Breakdown
Residential
5,760
Single Family
5,555
Multi-Family
205
Businesses
459
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Alicia White • JMA Realty
Mls Name: GALMLS
Mls Provider:
Mls ID: #21399605
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.